Market Overview:
The global hot melt polyurethane adhesive market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for adhesives from various end-use industries, such as packaging, hygiene products, automotive, furniture, footwear, textile and electronics. In addition, the growing demand for green and environment-friendly adhesives is also contributing to the growth of this market.
Product Definition:
A Hot Melt Polyurethane Adhesive is a type of adhesive that is melted and applied to surfaces using heat. It is usually used for bonding materials together, and can be very strong.
Non-Reactive Hot Melt Adhesives:
Non-reactive hot melt adhesives are a group of synthetic materials that do not react with the immediate environment when heated. They include polyvinyl acetate (PVA), acrylics, and polyethylene (PE). These materials are used in various end-use industries such as packaging, textiles, lamination and others on account of their properties such as good moisture resistance along with high bonding speed.
Reactive Hot Melt Adhesives:
Reactive hot melt adhesives are a special type of hot melt polyurethane adhesive that contains two reactive components, one of them being an active or Initiator and the other being a crosslinker. The reaction between these two components produces polyurethane foam which is then applied to the substrate.
Application Insights:
The packaging segment led the global hot melt polyurethane adhesive market and accounted for more than 44.0% share of the total revenue in 2017. The growth of this application segment is attributed to increasing demand for corrugated boxes from various end-use industries such as food & beverage, pharmaceuticals, cosmetics, and general industrial goods among others.
Corrugated boxes are widely used in several applications including food & beverage industry where they are used to pack ice creams, snacks and beverages on a retail level as well as a supply chain level.
Regional Analysis:
Asia Pacific is expected to be the fastest growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing infrastructure activities in emerging economies including China and India. The growth can be attributed to various factors such as rising disposable income, population expansion, government initiatives for urbanization and industrialization, etc. Furthermore, the presence of multinational companies engaged in providing services related to construction industry will drive the market further.
The Middle East & Africa is projected to witness significant growth over the forecast period due its huge potential which has not been utilized fully up till now due mainly non-availability of skilled workforce coupled with high cost associated with setting up manufacturing facilities within MEA region itself or importing them from developed countries thus resulting into wastage of natural resources and economic loss for both business entities involved in such transactions (developing & developed).
Growth Factors:
- Increasing demand from end-use industries: The growth of the Hot Melt Polyurethane Adhesive market is mainly driven by the increasing demand from end-use industries such as construction, automotive, and packaging.
- Rising technological advancements: The advent of new technologies in the Hot Melt Polyurethane Adhesive market is fuelling its growth. This has led to the development of advanced adhesives that offer better performance and durability.
- Growing awareness about benefits of adhesive bonding: There is a growing awareness among consumers about the benefits of adhesive bonding over traditional methods such as welding and riveting. This is driving demand for Hot Melt Polyurethane Adhesives across various applications.
- Rising investments in R&D: Key players in the Hot Melt Polyurethane Adhesive market are investing heavily in R&D to develop innovative products that can cater to specific needs of different industries. This is helping them stay ahead of competition and expand their customer base globally . 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Hot Melt Polyurethane Adhesive Market Research Report
By Type
Non-Reactive Hot Melt Adhesives, Reactive Hot Melt Adhesives
By Application
Packaging, Hygiene Products, Automotive, Furniture, Footwear, Textile, Electronics, Bookbinding, Others
By Companies
3M Company, Arkema Group (Bostik SA), DOW Chemical Company, Kleiberit, Franklin International, DIC Corp., H.B. Fuller Co., Henkel AG& Co. KGaA, Huntsman Corp., ITW Performance Polymers & Fluids (Illinois Tool Works Inc.), 3M Company, Lord Corp., TEX Year Fine Chemicals, Sika AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Hot Melt Polyurethane Adhesive Market Report Segments:
The global Hot Melt Polyurethane Adhesive market is segmented on the basis of:
Types
Non-Reactive Hot Melt Adhesives, Reactive Hot Melt Adhesives
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Packaging, Hygiene Products, Automotive, Furniture, Footwear, Textile, Electronics, Bookbinding, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M Company
- Arkema Group (Bostik SA)
- DOW Chemical Company
- Kleiberit
- Franklin International
- DIC Corp.
- H.B. Fuller Co.
- Henkel AG& Co. KGaA
- Huntsman Corp.
- ITW Performance Polymers & Fluids (Illinois Tool Works Inc.)
- 3M Company
- Lord Corp.
- TEX Year Fine Chemicals
- Sika AG
Highlights of The Hot Melt Polyurethane Adhesive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Non-Reactive Hot Melt Adhesives
- Reactive Hot Melt Adhesives
- By Application:
- Packaging
- Hygiene Products
- Automotive
- Furniture
- Footwear
- Textile
- Electronics
- Bookbinding
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hot Melt Polyurethane Adhesive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hot melt polyurethane adhesive is a type of adhesive that is used to attach two pieces of material together. It is a hot, liquid form of polyurethane that can be applied to both surfaces using a heat gun or an iron.
Some of the major companies in the hot melt polyurethane adhesive market are 3M Company, Arkema Group (Bostik SA), DOW Chemical Company, Kleiberit, Franklin International, DIC Corp., H.B. Fuller Co., Henkel AG& Co. KGaA, Huntsman Corp., ITW Performance Polymers & Fluids (Illinois Tool Works Inc.), 3M Company, Lord Corp., TEX Year Fine Chemicals, Sika AG.
The hot melt polyurethane adhesive market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hot Melt Polyurethane Adhesive Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hot Melt Polyurethane Adhesive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hot Melt Polyurethane Adhesive Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hot Melt Polyurethane Adhesive Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hot Melt Polyurethane Adhesive Market Size & Forecast, 2020-2028
4.5.1 Hot Melt Polyurethane Adhesive Market Size and Y-o-Y Growth
4.5.2 Hot Melt Polyurethane Adhesive Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Non-Reactive Hot Melt Adhesives
5.2.2 Reactive Hot Melt Adhesives
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Packaging
6.2.2 Hygiene Products
6.2.3 Automotive
6.2.4 Furniture
6.2.5 Footwear
6.2.6 Textile
6.2.7 Electronics
6.2.8 Bookbinding
6.2.9 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hot Melt Polyurethane Adhesive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hot Melt Polyurethane Adhesive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Non-Reactive Hot Melt Adhesives
9.6.2 Reactive Hot Melt Adhesives
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Packaging
9.10.2 Hygiene Products
9.10.3 Automotive
9.10.4 Furniture
9.10.5 Footwear
9.10.6 Textile
9.10.7 Electronics
9.10.8 Bookbinding
9.10.9 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Non-Reactive Hot Melt Adhesives
10.6.2 Reactive Hot Melt Adhesives
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Packaging
10.10.2 Hygiene Products
10.10.3 Automotive
10.10.4 Furniture
10.10.5 Footwear
10.10.6 Textile
10.10.7 Electronics
10.10.8 Bookbinding
10.10.9 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Non-Reactive Hot Melt Adhesives
11.6.2 Reactive Hot Melt Adhesives
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Packaging
11.10.2 Hygiene Products
11.10.3 Automotive
11.10.4 Furniture
11.10.5 Footwear
11.10.6 Textile
11.10.7 Electronics
11.10.8 Bookbinding
11.10.9 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Non-Reactive Hot Melt Adhesives
12.6.2 Reactive Hot Melt Adhesives
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Packaging
12.10.2 Hygiene Products
12.10.3 Automotive
12.10.4 Furniture
12.10.5 Footwear
12.10.6 Textile
12.10.7 Electronics
12.10.8 Bookbinding
12.10.9 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Non-Reactive Hot Melt Adhesives
13.6.2 Reactive Hot Melt Adhesives
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Packaging
13.10.2 Hygiene Products
13.10.3 Automotive
13.10.4 Furniture
13.10.5 Footwear
13.10.6 Textile
13.10.7 Electronics
13.10.8 Bookbinding
13.10.9 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hot Melt Polyurethane Adhesive Market: Competitive Dashboard
14.2 Global Hot Melt Polyurethane Adhesive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 3M Company
14.3.2 Arkema Group (Bostik SA)
14.3.3 DOW Chemical Company
14.3.4 Kleiberit
14.3.5 Franklin International
14.3.6 DIC Corp.
14.3.7 H.B. Fuller Co.
14.3.8 Henkel AG& Co. KGaA
14.3.9 Huntsman Corp.
14.3.10 ITW Performance Polymers & Fluids (Illinois Tool Works Inc.)
14.3.11 3M Company
14.3.12 Lord Corp.
14.3.13 TEX Year Fine Chemicals
14.3.14 Sika AG
